Russia Inflation Rate MoM

Month-on-month change in the consumer price index.

Inflation Rate MoM in Russia increased to 7.61 percent in Mar 2022 from 1.17 percent in Feb 2022.

7.61%
▲ +6.44 ppMar 2022 · previous 1.17%Monthly · percent · Source: OECD — Organisation for Economic Co-operation and Development

Russia Inflation Rate MoM — History

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Russia Inflation Rate MoM — analysis in simple words

Latest reading

Inflation Rate MoM in Russia increased to 7.61 percent in Mar 2022 from 1.17 percent in Feb 2022.

It has risen in each of the last three months.

Recent trend

A year earlier (Mar 2021) it was 0.66%, so the latest figure is 6.95 percentage points higher.

Over the past five years the average was 0.52%, with a range from -0.54% to 7.61%. The latest value is above that five-year average.

Historical context

This data series starts in Feb 1992 and has 362 monthly observations. The latest reading is higher than 89% of all of them.

The highest value on record is 38.43% (Sep 1998) and the lowest is -0.54% (Aug 2017). The long-run average is 2.83%.

Statistics

Latest
7.61%Mar 2022
Previous
1.17%
5-year average
0.52%
Long-run average
2.83%since Feb 1992
All-time high
38.43%Sep 1998
All-time low
-0.54%Aug 2017
Observations
362Monthly

Recent Data

PeriodValueChange
Mar 20227.61%▲ +6.44 pp
Feb 20221.17%▲ +0.18 pp
Jan 20220.99%▲ +0.17 pp
Dec 20210.82%▼ −0.14 pp
Nov 20210.96%▼ −0.15 pp
Oct 20211.11%▲ +0.51 pp
Sep 20210.60%▲ +0.43 pp
Aug 20210.17%▼ −0.14 pp
Jul 20210.31%▼ −0.38 pp
Jun 20210.69%▼ −0.05 pp
May 20210.74%▲ +0.16 pp
Apr 20210.58%▼ −0.08 pp
Mar 20210.66%▼ −0.12 pp
Feb 20210.78%▲ +0.11 pp
Jan 20210.67%▼ −0.16 pp
Dec 20200.83%▲ +0.12 pp
Nov 20200.71%▲ +0.28 pp
Oct 20200.43%▲ +0.50 pp
Sep 2020-0.07%▼ −0.03 pp
Aug 2020-0.04%▼ −0.39 pp
Jul 20200.35%▲ +0.13 pp
Jun 20200.22%▼ −0.05 pp
May 20200.27%▼ −0.56 pp
Apr 20200.83%▲ +0.28 pp
Mar 20200.55%▲ +0.22 pp
Feb 20200.33%▼ −0.07 pp
Jan 20200.40%▲ +0.04 pp
Dec 20190.36%▲ +0.08 pp
Nov 20190.28%▲ +0.15 pp
Oct 20190.13%

Inflation Rate MoM — Russia vs Peers

Latest available reading for each economy (periods may differ). Russia highlighted.

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More Russia indicators

Understanding Inflation Rate MoM — a simple guide

What it measures

The change in the consumer price index compared with the previous month.

How it is calculated

(CPI this month ÷ CPI last month − 1) × 100.

Simple example

If the CPI index rose from 200.0 to 200.6, monthly inflation is 0.3%.

▲ When it is high or rising

A high monthly reading shows prices are rising quickly right now.

▼ When it is low or falling

A negative reading means prices fell compared with last month.

Why it matters for the economy and markets

Monthly changes show the latest momentum in prices, months before it fully shows up in the year-on-year rate.

How to read it

Monthly numbers are small: 0.2% a month is about 2.4% a year. Some months are always higher (festivals, harvest effects), so compare the same month across years.

What to look at alongside it

Year-on-year inflation and core inflation.

Key terms

MoM
Month-on-month: compared with the previous month.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD CPI MoM), monthly data from Feb 1992 to Mar 2022. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current inflation rate mom of Russia?
Russia inflation rate mom was 7.61% in Mar 2022, compared with 1.17% in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest inflation rate mom of Russia?
Since Feb 1992, the highest reading was 38.43% (Sep 1998) and the lowest was -0.54% (Aug 2017).
What does inflation rate mom measure?
The change in the consumer price index compared with the previous month.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.